The User Interfaces on the Operating Systems of the 1950s

question 36

True/False

The user interfaces on the operating systems of the 1950s, 1960s, and 1970s were text oriented._________________________

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Definitions:

FIFO Method

An accounting method where the oldest inventory items are recorded as sold first.

Equivalent Units Of Production

A calculation used in process costing that converts partially completed goods into a number of fully completed units.

Conversion Costs

The combined costs of direct labor and manufacturing overheads incurred to convert raw materials into finished products.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale.